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Nov 6, 2020PIVX Weekly Market Update (October 30, 2020 - November 5, 2020)

The average weekly trade volume for PIVX decreased 16% over the prior week, while the average weekly price dropped 15% compared to last week, opening up an incredible buy opportunity for PIVX. This was a common theme experienced across the majority of the Alt markets. The average weekly marketcap also dropped, dipping 12% compared to last week. Additionally, the daily USD value saw a tighter spread this week, with a range of nearly $0.06 over the week.

Over the past 7 days:

 

The average weekly trade volume for PIVX decreased 16% over the prior week, while the average weekly price dropped 15% compared to last week, opening up an incredible buy opportunity for PIVX.  This was a common theme experienced across the majority of the Alt markets. The average weekly marketcap also dropped, dipping 12% compared to last week. Additionally, the daily USD value saw a tighter spread this week, with a range of nearly $0.06 over the week.

 

The Daily Volume for PIVX ranged between $75k and $341k, with an Average Daily Volume of $163k.  The total volume over this same 7 day period was $1.14 million (Figure 1).

 

The Daily Total Marketcap for PIVX ranged between $15.5million and $20.7million, for with an Average Marketcap of $17.1 million(Figure 1).  

 

The Daily USD Value for PIVX ranged between $0.27 and $0.33 with an Average USD price for the week of $0.31 (Figure 1).

 

The top three exchanges regarding trade volumes were:

  1. FEX
  2. Binance
  3. Bithumb


 

Most traders elected BTC as their favourite pair this week.

 

Figure 1: PIVX 7-Day Chart

Review last week's weekly market update.

Data sourced from Coingeko and CMC.

 

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Bryan Doreian

Business Development, Ambassador

Serial entrepreneur and blockchain advisor (circa 2012). Founder of Wysebridge, elev3n & Vendible. Currently splits his time building infrastructure for humanity while stewarding a tiny homestead with his family in eastern Pennsylvania.

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